ALERT: As information about the Excelsior Scholarship becomes known, this website will be updated. The information is subject to change. The information below is from the 2017 NYS budget bill, HESC, and SUNY. Be advised that the New York State Higher Education Services Corporation (HESC) has the authority to add requirements in order to effectively oversee the program.
►► Please monitor HESCfor the latest updates and to subscribe to email updates as new details emerge.
►► LAST UPDATE: 5/11/2017
Overview: New York State's 2017 budget includes funding for a new scholarship program to help middle-class families pay for college. Named the Excelsior Scholarship, it pays any remaining tuition charges after the student’s other grants and scholarships have been applied. The scholarship program is designed to promote on-time graduation while reducing college loan debt.
► Printable Version: Excelsior Scholarship Information (PDF) LAST UPDATE: 5/11/2017
Students will be required to complete a separate application for the Excelsior Scholarship. The application is being developed by HESC and it should be available in late May.
|Expected Application Deadline: Late July|
Academic Requirements to Maintain Eligibility
► Dependent Students: New York State will sum the student's federal adjusted gross income (AGI) with his or her parent's federal AGI to determine the "Combined AGI" amount.
► Independent Students: New York State will sum the student's federal adjusted gross income (AGI) with his or her spouse's federal AGI to determine the "Combined AGI" amount. If the student is not married, the student's federal AGI is considered to be the "Combined AGI".
► Note: The federal government and New York State government have different rules pertaining to independence. To qualify as an independent student for TAP, review the Student Status section on HESC's website.
Combined Federal AGI Limit by Academic Year:
Recipients of the Excelsior Scholarship must:
Below is an example of how to estimate the amount of an Excelsior Scholarship you may qualify for after considering all other grants and scholarships:
|Student's Grants and Scholarships for Fall 2017||Amount / Semester|
|NYS TAP Grant||$250.00|
|SUNY Tuition Credit||$73.00|
|Federal Pell Grant||$299.00|
|Buffalo State Provost Scholarship||$1,000.00|
|Lion's Club Scholarship from High school||$500.00|
|Total Grants and Scholarships||$2,122.00|
|Fall 2017 Expected Tuition Charge||$3,235.00|
|Excelsior Scholarship Amount
[Tuition - Grants and Schol: $3,235 - $2,122]